Swarthmore Swim Club
EIN: 231517001 · Swarthmore, PA
| Metric | Value |
|---|---|
| Total Revenue | $601K |
| Total Expenses | $530K |
| Net Assets | $690K |
Is Swarthmore Swim Club Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Swarthmore Swim Club
Swarthmore Swim Club (EIN: 231517001) is a nonprofit organization based in Swarthmore, PA. The organization reported total revenue of $601K and total assets of $948K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Swarthmore Swim Club's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Swarthmore Swim Club is a small nonprofit that has been operating for 69 years, with 14 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $594K |
| Total Expenses | $530K |
| Surplus / Deficit | +$64K |
| Total Assets | $983K |
| Total Liabilities | $293K |
| Net Assets | $690K |
| Operating Margin | 10.8% |
| Debt-to-Asset Ratio | 29.8% |
| Months of Reserves | 22.3 months |
Financial Health Grade: A
In 2023, Swarthmore Swim Club reported a surplus of $64K with revenue exceeding expenses, holds 22.3 months of operating reserves (strong position), has a debt-to-asset ratio of 29.8% (moderate leverage).
Financial Trends
Over 14 years of filings (2011–2023), Swarthmore Swim Club's revenue has grown at a compound annual growth rate (CAGR) of 4.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +25.8% | +7.9% | +4.2% |
| 2022 | +16.8% | +26.1% | +14.3% |
| 2021 | +49.3% | +33.3% | +7.0% |
| 2020 | -27.9% | -11.1% | -1.1% |
| 2019 | +21373.9% | +1250.2% | +42.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1957 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Swarthmore Swim Club has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Swarthmore Swim Club with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $64K, with revenue exceeding expenses.
- Debt-to-asset ratio: 29.8%.
Frequently Asked Questions about Swarthmore Swim Club
Is Swarthmore Swim Club a legitimate charity?
Based on AI analysis of IRS 990 filings, Swarthmore Swim Club (EIN: 231517001) insufficient data. 0 red flags identified, 0 strengths noted.
How does Swarthmore Swim Club spend its money?
Detailed spending breakdown data is not yet available for Swarthmore Swim Club. Check back for updated IRS 990 analysis.
Are donations to Swarthmore Swim Club tax-deductible?
Swarthmore Swim Club is registered as a tax-exempt nonprofit (EIN: 231517001). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Swarthmore Swim Club located?
Swarthmore Swim Club is headquartered in Swarthmore, Pennsylvania and files with the IRS under EIN 231517001.
How many years of IRS 990 filings does Swarthmore Swim Club have?
Swarthmore Swim Club has 14 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $601K in total revenue.
Filing History
IRS 990 filing history for Swarthmore Swim Club showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2023), Swarthmore Swim Club's revenue has grown by 73.2%, moving from $343K to $594K. Total assets increased by 58.8% over the same period, from $619K to $983K. Total functional expenses rose by 64.3%, from $323K to $530K. In its most recent filing year (2023), Swarthmore Swim Club reported a surplus of $64K, with revenue exceeding expenses. The organization holds $293K in liabilities against $983K in assets (debt-to-asset ratio: 29.8%), resulting in net assets of $690K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $594K | $530K | $983K | $293K | — | — |
| 2022 | $472K | $491K | $944K | $298K | — | View 990 |
| 2021 | $404K | $390K | $826K | $150K | — | View 990 |
| 2020 | $271K | $292K | $772K | $184K | — | View 990 |
| 2019 | $376K | $329K | $780K | $184K | — | — |
| 2018 | $2K | $24K | $549K | $0 | — | View 990 |
| 2018 | $374K | $323K | $572K | $0 | — | View 990 |
| 2017 | $345K | $330K | $507K | $0 | — | View 990 |
| 2016 | $334K | $398K | $479K | $0 | — | View 990 |
| 2015 | $356K | $405K | $535K | $0 | — | View 990 |
| 2014 | $354K | $356K | $595K | $17K | — | View 990 |
| 2013 | $358K | $331K | $608K | $27K | — | View 990 |
| 2012 | $338K | $362K | $602K | $43K | — | View 990 |
| 2011 | $343K | $323K | $619K | $34K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $594K, expenses of $530K, and assets of $983K (revenue +25.8% year-over-year).
- 2022: Revenue of $472K, expenses of $491K, and assets of $944K (revenue +16.8% year-over-year).
- 2021: Revenue of $404K, expenses of $390K, and assets of $826K (revenue +49.3% year-over-year).
- 2020: Revenue of $271K, expenses of $292K, and assets of $772K (revenue -27.9% year-over-year).
- 2019: Revenue of $376K, expenses of $329K, and assets of $780K (revenue +21373.9% year-over-year).
- 2018: Revenue of $2K, expenses of $24K, and assets of $549K (revenue -99.5% year-over-year).
- 2018: Revenue of $374K, expenses of $323K, and assets of $572K (revenue +8.5% year-over-year).
- 2017: Revenue of $345K, expenses of $330K, and assets of $507K (revenue +3.2% year-over-year).
- 2016: Revenue of $334K, expenses of $398K, and assets of $479K (revenue -6.2% year-over-year).
- 2015: Revenue of $356K, expenses of $405K, and assets of $535K (revenue +0.5% year-over-year).
- 2014: Revenue of $354K, expenses of $356K, and assets of $595K (revenue -1.0% year-over-year).
- 2013: Revenue of $358K, expenses of $331K, and assets of $608K (revenue +5.9% year-over-year).
- 2012: Revenue of $338K, expenses of $362K, and assets of $602K (revenue -1.6% year-over-year).
- 2011: Revenue of $343K, expenses of $323K, and assets of $619K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Swarthmore Swim Club:
Data Sources and Methodology
This transparency report for Swarthmore Swim Club is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.